Sustainability

Cayman Water and Sustainability

The Big Picture

Resource sustainability has become increasingly important and obvious over the last fifty years given the increasing human population (and its rising per capita resource consumption) on a planet with finite resources. The world’s population increased from approximately 2.5 billion in 1950 to about 7.0 billion in 2012. Furthermore, total world consumption expenditures rose from about $171 Billion in 1960 to approximately $44 trillion in 2010. As a result both the environment and consumption now require management vastly superior to that employed in the past.

Three Elements

Sustainability seeks to integrate three dimensions: economic, environmental, and social.Economicinterests define the framework for making decisions, the flow of financial capital, and the facilitation of commerce, including the knowledge, skills, competences and other attributes embodied in individuals that are relevant to economic activity.Environmentalaspects recognize the diversity and interdependence within living systems, the goods and services produced by the world’s ecosystems, and the impacts of human wastes.Socio-politicalrefers to (i) interactions between institutions/firms and people; (ii) functions expressive of human values, aspirations and well-being; (iii) ethical issues; and (iv) decision- making that depends upon collective action. We see these three elements as part of a highly integrated and cohesively interacting understood, system. Equal weight must be given to the consideration of all three areas when developing any solution.

The Goals

Although sustainable development is enabled by technological advances and economic viability, it is first and foremost a social construct that seeks to improve the quality of life for the world’s population through (1) the equitable supply of human and ecological goods and services; (2) making available the widespread means for advancement through access to education, systems of justice, and healthcare; and (3) safeguarding the interests of generations to come. In this sense sustainability sits among a series of human social movements that have occurred throughout history: human rights, racial equality, gender equity, labor relations, and conservation, to name a few.

Our Approach

We focus on delivering water services and solutions to areas of the world where the need for potable water cannot be met by traditional means and the desalination of seawater is economically viable. As we conduct our business we strive to:

Limit any possible negative impact on the local ecosystems.

Improve the quality of life for both individuals and commercial entities.

Respect the rights of the people and communities with whom we interact.

We work to create a better future every day, with solutions and services that improve the quality of life.